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3 years ago

What happens when a home goes into foreclosure

1 answer:

8 0

If the homeowner continues to default on the loan, the lender will foreclose on the house. ... A foreclosure sale / auction is typically the next thing that happens during the process. The lender wants to get the home off their hands as quickly as possible, so they'll usually price it to sell quickly

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At Zooey’s elementary school, children are not allowed to trade lunches or components of their lunches with other students. Lunc

Pachacha [2.7K]

Answer: c. preventing a market that would generate mutually beneficial trades.

Explanation:

Zooey could argue that the policy of lunch trades is preventing a market that would generate mutually beneficial trades because if people were allowed to trade what they want for what they have with people who have what the first person wants and wants what the first person has, that can be beneficial to both of them.

It is not unlike the system of batter trading that existed before money where people traded what they had for what they wanted.

One should be very careful here though because there are multiple disadvantages involved such as kids exchanging away more nutritious food and food poisoning.

5 0

3 years ago

Exercise 10-2 Straight-Line: Amortization of bond discount LO P2 Tano issues bonds with a par value of $180,000 on January 1, 20

Nitella [24]

Answer:

bonds' face value $180,000

coupon rate 8%, semiannual = 4%

maturity 3 years x 2 = 6 periods

market interest rate = 10% or 5% semiannual

the journal entry to record the issuance of the bonds:

January 1, 2017, bonds issued at a discount

Dr Cash 170,862

Dr Discount on bonds payable 9,138

Cr Bonds payable 180,000

the amortization of the bond discount should be $9,138 / 6 = $1,523 on every coupon payment.

Journal entry to record payment of first coupon:

June 30, 2017, first coupon payment

Dr Interest expense 8,723

Cr Cash 7,200

Cr Discount on bonds payable 1,523

6 0

3 years ago

Which of the following are used to calculate the standard quantity per unit of direct materials?

wlad13 [49]

To calculate the standard quantity per unit of direct materials all the give options are used.

Direct materials requirements per unit of finished product, allowance for rejects and allowance for waste and spoilage Direct materials are the resources and materials used in the production of a product that can be immediately linked to that product.

Typically, a product's bill of materials contains a list of the materials that have been recognised as direct materials. The unit quantities and average costs of each material used in a product are listed in the bill of materials, which may also include an allocation for overhead.

Learn more about Direct materials here:

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4 0

1 year ago

Parker is a sales representative for Kashi. Each week he uploads his plans for visiting clients out in the field to a routing an

Montano1993 [528]

Available options:

A. determine the sequence in which customers will be called on.

B. use existing transportation facilities.

C. minimize non-selling time.

D. determine duration of sales calls.

E. provide salespeople with an opportunity to plan their own routes and schedules

Answer:

Option C. Minimizing non-selling time.

Explanation:

The reason is that sales reps must lower their non selling time as this makes them inefficient for the company and would also increase their loss of time and commission. So every sales representative acknowledges his primary goal to decrease the non selling time which means he is trying to make sale.

4 0

3 years ago

An omitted variable is a variable that: 1. is purposely left out as it does not aid an economic analysis. 2. is removed from a s

Romashka-Z-Leto [24]

Answer:

The correct answer is 4

Explanation:

OVB stands for the Omitted Variable bias, is the term which is defined as the any variable which is not involves or included as the independent variable in the regression, which could influence or impact the variable that is dependent.

From the above options, the omitted variable is the variable which is defined as the which has been left out, if involves, will state the reason why the variable will be considered in the study are correlated to each other.

4 0

2 years ago